From: Benjamin Dachis and Jacob Kim To: Toronto City Council Date: March 15, 2018 Re: How contracting waste services can improve municipal services After an unsuccessful push in early 2017 to put up for contract garbage collection in parts of eastern Toronto, it’s time to bring the idea back to the table. Toronto should put […]
To: Municipal Finance Policymakers From: Adam Found and Peter Tomlinson Date: February 2, 2018 Re: The Best (and Worst) Big Cities for Business Investment in Canada Before a business decides to locate or expand in a given jurisdiction, it must consider the tax implications. Heavy tax burdens drive investment away to other jurisdictions and, with it, the […]
From: Henry Lotin To: Concerned Canadians Date: January 2, 2018 Re: How Accurate Are Our Trade and Output Measures? A recent National Bureau of Economic Research paper added to the body of evidence suggesting output and productivity measures can severely distort the picture of national contributions to the global economy. This is true of measures of trade flows as […]
From: Benjamin Dachis, William B.P. Robson and Farah Omran To: Concerned Canadians Date: December 1, 2017 Re: Fuzzy Finances Need to End in Canada’s Municipalities Cities across Canada are embarking on their annual budget reviews. However, in nearly all large Canadian municipalities, it is far too hard for city councillors, ratepayers and voters to understand municipal budgets and to […]
Canada’s major cities tend to understate revenue and spending, wait too long to release budgets, and confuse taxpayers with obscure figures in their financial reports, finds a new study from the C.D. Howe Institute. In the 2017 edition of the Institute’s annual municipal fiscal accountability report card, titled Fuzzy Finances: Grading the Financial Reports of Canada’s […]
From: Philip Cross To: Concerned Canadians Date: October 20, 2017 Re: Policymakers Need Not be Passive Victims of Economic Data Revisions Policymakers need not be the passive victims of revisions to the economic data they are scrutinizing. They should proactively take measures to anticipate revisions. To paraphrase Kierkegaard’s observation about life, economic policymaking must be lived forward, but the […]
Policymakers need not be the passive victims of revisions to the economic data they are scrutinizing, according to a report by the C.D. Howe Institute. In “Revisions to Economic Statistics and Their Impact on Policymaking,” Philip Cross, former Chief Economic Analyst at Statistics Canada, says policymakers can proactively take measures to anticipate revisions.
From: Paul Thomas To: Concerned Canadians Date: October 13, 2017 Re: Modernizing the Governance Framework for Statistics Canada In many countries, national statistical agencies face political pressures to collect and report on data in ways that fit with the preferred messages of the government of the day. However, if such agencies are not seen to be […]
The cost of federal employees has risen rapidly, with total compensation per employee jumping nearly 5% per year on average over the past decade, says a new report from the C.D. Howe Institute. In “Premium Compensation: The Ballooning Cost of Federal Government Employees,” authors Alexandre Laurin and William B.P. Robson argue that containing these increases […]
Canada’s public utility regulators, in sectors ranging from energy to telecommunications, are facing a crisis of legitimacy because they promise more than they can deliver and do not deliver what they should, according to a new report from the C.D. Howe Institute. In Defining the Public Interest in Regulatory Decisions: The Case for Economic Efficiency, […]
Alberta and New Brunswick come out on top in the Institute’s latest report card on government financial reporting, with Prince Edward Island trailing the pack. In Numbers You can Trust? The Fiscal Accountability of Canada’s Senior Governments, 2017, authors Colin Busby and William B. P. Robson assesses the quality of financial information published by Canada’s […]
From: Rosalie Wyonch, Bill Robson, and Alex Laurin To: The Honourable Bill Morneau, Minister of Finance Date: February 28, 2017 Re: Why the Small Business Deduction Should be a Young Business Deduction The federal corporate income tax provides a small business deduction that taxes the first $500,000 in active business income of Canadian-controlled private corporations […]
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